Liquidator Damien Grant survives bid by Ormiston lender to remove him

Ormiston Rise is a development of 730 homes in southeast Auckland. (Image: Sylvie Whinray)

Fri, 30 May 2025

An American financier has failed in a bid to remove Damien Grant as liquidator of a South Auckland property development.New York-based Arena Alceon NZ told the High Court that Grant and his colleague, Adam Botterill, had not acted independently and impartially in the insolvency of Ormiston Rise and Ormiston Rise Development.But in a decision released on Wednesday, Associate Judge Dale Lester refused to sack them.“While I am more than satisfied there is at least the appearance that Messrs Grant and Botterill were not independent or imparti...

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